Gautam Saha
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More correction likely in Nifty .

Gautam Saha at 11:09 AM - Jan 20, 2016 ( ) Views: 3,248

5 3

Nifty trying to consolidate but a 1000 points correction from the current level in nifty is also expected .



From: Gautam Saha at 02:23 PM - Jan 28, 2016( )


WEEKLY RESISTANCE OF 7539.50  IS GOING TO GET ACHIEVED BUT STILL PESSIMISM EXISTS IN THE INDEX .



From: Gautam Saha at 12:26 PM - Jan 29, 2016( )


As i have said yesterday that 7539.5 is going to get achieved . Index is heading towards 7539.5 level . Wkly resistance is at 7539.50 .So brace for a choppy week next week . 



From: Gautam Saha at 02:50 PM - Feb 11, 2016( )


As i have said earlier that nifty will correct upto 1000 points from the current level .6300 is the next very critical level of the index .



From: Gautam Saha at 12:29 PM - Mar 11, 2016( )


Nifty consolidating . More upside likely in nifty only if nifty breaks & sustains above 7539 level .



From: Gautam Saha at 08:52 PM - May 23, 2016( )


More correction in Nifty seen as nifty breached crucial 7786.22 which is the  monthly pivot level of the index.

It has been seen earlier too that nifty reversed from 7786.22 in the current month but this time it was not able to hold 7786.22 . Nifty might test 7676.93 which is next current weekly support level  by this week . 

so sell nifty with a stoploss of 7786.22 target 7676.93 .Smile


(1 to 11 out of 11) - Latest Replies on Top | First | << Previous | Next >> | Last |
Gautam Saha at 09:41 AM - May 04, 2016 ( )

Nifty opened below a valid trend line on the daily chart 

Gautam Saha at 11:57 PM - May 03, 2016 ( )

Bearish pattern or a trend reversal on swing trading chart seen in the index . So more correction likely .Crucial level of 7822.55 has been broken decisievely on the swing trading chart .Index might test 7673.53 (weekly support level of the index) .If 7673.53 gets broken then nifty will once again test 7516.85 .

So sell nifty/nifty based stocks .More correction likely in nifty. 

Gautam Saha at 01:49 PM - Apr 29, 2016 ( )

Nifty on correction mode as nifty has broken 7822.55 level decisively. So Exit from long and go for short in nifty based stocks 

Gautam Saha at 12:28 PM - Apr 29, 2016 ( )

Nifty consolidating between 7822.55 to 7893 on swing trading basis. 

Gautam Saha at 11:44 AM - Mar 02, 2016 ( )

Currently nifty is above 7250  .Lets hope that nifty sustains above 7250 .

Chandrashekar Banthi at 10:38 PM - Mar 01, 2016 ( )

Today huge buy from fii , maximum buy from fii sinc last 12 months

Gautam Saha at 05:30 PM - Mar 01, 2016 ( )

Todays rally is definitely a short term bottomed out in nifty .Very short term strong resistance seen at 7250 level .If nifty captures that 7250 level then only the index will move higher . World scenario has not changed so far so we have to keep that in mind .Todays rally is only a budget rally .Its time to book profit & sit on the sidelines .Still lot of downside left in the index . Expect nifty to come at 6300 level .Remember nifty is still on short term downtrend .

So Guys be cautious & trade ....

Gautam Saha at 04:42 PM - Jan 27, 2016 ( )

Its a short term pullback rally happening in nifty . I feel nifty will correct upto 6300 level .Pessimism still prevails in the index .

Kamal Kumar at 10:43 AM - Jan 25, 2016 ( )

more correction likely in nifty  KITNI . GAUTAM JI KYA DOWN SIDE LAGTA HAI AAPKO 1000 MATLAB KAHA TAK NIFTY DIKHTI HAI AAPKO DOWN MAY OR KAB TAK . JAB AAPNE DOWN KA MESSEGE KIYA NIFTY TURN 250  POINT KA  TOH PROFIT LE LO SIR . 1000 POINT BAAD ME DEKHGE . OK SIR

Gautam Saha at 10:36 AM - Jan 25, 2016 ( )

MAJOR WEEKLY RESISTANCE IS AT 7539.50 .

Rakesh Padhi at 11:47 AM - Jan 20, 2016 ( )

i feel correction over for time being

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